IBM: Why I See Upside

Summary

  • International Business Machines has seen a significant rebound in 2019.
  • The acquisition of Red Hat allows IBM a significant opportunity to develop hybrid cloud further.
  • Moreover, investors are being paid quite a nice dividend while waiting for growth.
  • I take an optimistic view on IBM at this point in time.

International Business Machines (IBM) has been on a downward trajectory overall since 2017:

Source: investing.com

That said, there was a comment from a previous article that I found quite interesting:

Source: Previous Comment on Seeking Alpha

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